Brief: Nfon H1 Adjusted EBITDA Swings To Loss Of 2.6 Million Euros

nfon AG

23/08/2019 06:03

Aug 23 (Reuters) - NFON AG  NFN.DE :
    * DGAP-NEWS: NFON AG: NFON AG CONTINUES ON ITS GROWTH COURSE
IN
FIRST HALF OF 2019
    * TOTAL REVENUE INCREASED BY AROUND 28% IN FIRST SIX MONTHS
OF
2019
    * H1 TOTAL REVENUE BY 27.7% TO EUR 26.3 MILLION (PREVIOUS
YEAR:
EUR 20.6 MILLION)
    * CONTINUES TO EXPECT A SALES INCREASE OF 40% TO 45%
YEAR-ON-YEAR
FOR 2019, ALBEIT AT LOWER END OF RANGE
    * OUTLOOK 2019: SHARE OF RECURRING REVENUE WILL BE AT UPPER
END OF
FORECAST RANGE OF 75% TO 80%
    * H1 ADJUSTED EBITDA -2.6 MILLION EUR VERSUS 0.1 MILLION EUR
YEAR
AGO

Source text for Eikon:  ID:nEQ3zJV6ya 
Further company coverage:  NFN.DE 

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